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Editor-in-Chief: Salah Alattar
Saturday, 10 October 2026|Licensed by the Ministry of Information, No. 366-2019|Est. 2019
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29 March 2025Economy

Wall Street Closes Lower Amid Tariff and Inflation Pressures..

وول ستريت" تغلق على خسائر متأثرة بالرسوم الجمركية والتضخم..

Wall Street Closes Lower Amid Tariff and Inflation Pressures..

Wall Street Ends Week Lower Amid Tariff Uncertainty and Inflation Concerns

New York, Friday – U.S. stock markets closed the week in negative territory as investors faced mounting uncertainty over tariff policies and struggled to process new inflation data.

In Friday's session:

The broad S&P 500 fell 112.37 points (1.97%)

The Nasdaq Composite dropped 481.04 points (2.70%)

The Dow Jones Industrial Average declined 715.80 points (1.69%)

The market downturn followed:

A March consumer confidence report that slightly missed expectations, with inflation expectations reaching multi-decade highs

The core PCE price index (the Fed's preferred inflation gauge) rising:

2.8% year-over-year (February)

0.4% month-over-month

"The inflation numbers are particularly concerning," CNBC reported, "as they suggest persistent price pressures that could delay Fed rate cuts."

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Editor-in-Chief: Salah Alattar
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